As demand for critical minerals increases in the society-wide push for decarbonization, the Covid-19 pandemic, Russia's invasion of Ukraine, and China's control over critical minerals have demonstrated how important it is to develop secure mineral supply chains in North America.
That emerging supply chain was among the many issues discussed in the "Trends in Energy Metals: Net-zero carbon emissions, capital cost and reallocation; Developing the North" panel discussion at the Mining Investment Event of the North conference, organized by VID Conferences, in Quebec City. Speakers on the June 20th panel included Hecla Mining (NYSE: HL) CEO Phil Baker; Canada Nickel (TSXV: CNC; US-OTC: CNIKF) CEO Mark Selby; IBK Capital CEO Michael White; and Michael Rowley, CEO of Stillwater Critical Metals (TSXV: PGE).
"As a country, we're good at developing resources but then we ship them overseas and buy them back and put them into the auto manufacturing chain [and other chains]. That needs to stop, if you think about the carbon footprint created by that shipping back and forth," said White.
Watch the full video here: